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President Biden’s Fiscal Year 2025 Budget Would Strengthen Commerce Department’s Mission to Boost American Innovation and Competitiveness

Press releases
Proposed Budget Supports Key Commerce Department Initiatives and Programs to Increase Access to Good Jobs, Strengthen Competitiveness in the 21st Century Today, the Biden-Harris Administration submitted to Congress the President’s Budget for Fiscal Year 2025. Following historic progress made since the President took office—with nearly 15 million jobs created and inflation down two-thirds—President...

Readout of Secretary Raimondo’s Meeting with President Ferdinand Romualdez Marcos Jr. of the Philippines

Press releases
MANILA, Philippines – Today, U.S. Secretary of Commerce Gina Raimondo met with Philippine President Ferdinand Romualdez Marcos Jr. Secretary Raimondo thanked President Marcos for welcoming her and the delegation of 22 U.S. companies participating in the Presidential Trade and Investment Mission to the Philippines. The two also discussed U.S.-Philippines cooperation and joint efforts to strengthen...

Readout of Secretary Raimondo’s Meeting with Secretary Pascual and Secretary Go of the Philippines

Press releases
MANILA, Philippines – Today, U.S. Secretary of Commerce Gina Raimondo met with Philippine Secretary of Trade and Industry Alfredo Pascual and Special Assistant to the President for Investment and Economic Affairs Frederick Go. Secretary Raimondo thanked both Secretary Go and Secretary Pascual for the Government of the Philippines' support of the U.S. Presidential Trade and Investment Mission and...

By the Numbers: U.S. Economy Adds Over 275,000 Jobs in February Exceeding Expectations

Blog
GDP Remains Strong, Wages and Personal Income Continue to Rise Earlier today, the U.S. Labor Department’s Bureau of Labor Statistics (BLS) reported that the U.S. economy added over 275,000 jobs in February – far exceeding expectations. To date, nearly 15 million jobs have been created under President Biden and unemployment has remained under 4 percent—the longest stretch in more than 50 years....

Readout of Secretary Raimondo’s Meeting with the Advisory Committee on Supply Chain Competitiveness

Press releases
Yesterday, Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (Committee) for the first time since being rechartered in November 2023. Secretary Raimondo welcomed new Committee members and thanked current members for renewing their commitment for two additional years. Members received updates from federal government interagency...

Readout of Secretary Raimondo’s Meeting with German Vice Chancellor Robert Habeck

Press releases
Yesterday, Secretary of Commerce Gina Raimondo met with German Vice Chancellor and Minister for Economic Affairs and Climate Action Robert Habeck to advance U.S.-German bilateral commercial relations and strengthen transatlantic ties. During their meeting, the Secretary reiterated Germany’s critical importance to the United States as an ally and commercial partner and discussed opportunities to...

Announcement of the Presidential Trade and Investment Mission to the Philippines

Press releases
Today, the White House announced the delegation for the Presidential Trade and Investment Mission to the Philippines from March 11-12, 2024. The Honorable Gina Raimondo, Secretary of the United States Department of Commerce, will lead the delegation. Presidential Trade and Investment Mission Delegation: Steven Brown, President, GreenFire Energy, Inc. Sapna Chadha, Vice President, Southeast Asia...

One Year Later: Secretary Raimondo Reiterates Need for America to Lead on CHIPS in Protecting America’s Economic and National Security

Blog
Emphasizes Need to Produce Leading-Edge Chips for AI One year ago, U.S. Secretary of Commerce Gina Raimondo delivered a speech at Georgetown University’s School of Foreign Service where she outlined her vision in implementing President Biden’s historic CHIPS and Science Act. Last week, she provided an update on its implementation and announced that future projects will be prioritized based on...